# SAS Direct Market

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/sas-direct-market

- Industry: Logistics & Distribution
- Headquarters: Strasbourg, France
- Website: www.direct-market.fr
- Total disclosed funding: $1.2M
- Latest round: Seed (Jun 3, 2021)
- Investors on record: 3

## About

SAS Direct Market operates a comprehensive marketplace platform for local product procurement, connecting businesses with farmers and manufacturers to facilitate efficient transactions and logistics support.Founded in 2018 in Strasbourg, France, SAS Direct Market specializes in creating a marketplace platform that caters to business professionals. The company has successfully completed 2 deals, with its most recent deal occurring on June 3, 2021, when it raised EUR 949,487.58 in Seed funding, led by LeadBlock Partners, with participation from Alsace Business Angels and Finck Ventures. The company is led by CEO Sébastien Pelka and was founded by Marc Dorel, who has a history in entrepreneurship.Direct Market offers a comprehensive marketplace platform dedicated to the procurement of local and direct products tailored for business professionals. Their primary service allows users, including farmers, manufacturers, and SMEs, to conduct transactions efficiently while integrating logistics support. The platform emphasizes transparency and cost-effectiveness, positioning itself as the sole 100% transparent marketplace in its sector. The company employs advanced technology, including real-time dashboard creation and blockchain certification, to ensure the authenticity and reliability of local sourcing. Direct Market's services are currently accessible across the French market, catering to businesses that seek to enhance their procurement processes while fostering community connections.In the most recent year of 2019, Direct Market reported revenue of EUR 8,108.60, with an EBITDA amount of EUR -11,274.70. The company's revenue structure is built around facilitating business-to-business transactions focused on local product sourcing. The company operates on a commission-free model for its clients, allowing businesses to save on operational costs associated with procurement. Transactions occur through a streamlined process where clients place bulk orders, and Direct Market manages the preparation and delivery logistics. The revenue generation is primarily driven by the marketplace's ability to reduce operational inefficiencies, thus enhancing profitability for its users without charging them for the service. Direct Market's innovative marketplace is designed to accommodate various business needs, promoting sustainable economic practices while ensuring that local products are readily available to the professional sector.In June 2021, SAS Direct Market raised EUR 949,487.58 in Seed funding which will be utilized to enhance its marketplace platform and facilitate entry into new markets. The company is planning to expand its services beyond France into other European markets by 2023. The recent funding will support development efforts aimed at launching new features designed to streamline the procurement process for users.

## Funding rounds

- Seed, Jun 3, 2021, $1.2M — Alsace Business Angels, Finck Ventures, LeadBlock Partners

## Investors

- Alsace Business Angels (https://capitalatlas.ai/funds/alsace-business-angels) — Seed
- Finck Ventures (https://capitalatlas.ai/funds/finck-ventures) — Seed
- LeadBlock Partners (https://capitalatlas.ai/funds/leadblock-partners) — Seed